1E Stork Avenue, Belmont VIC 3216

Renovated townhouse | 975m² land | bushfire and flood overlays | strong school catchment | FTTP connected The buying case here rests on the land-to-building ratio. With 975 square metres and only 15% building coverage, this townhouse offers a rare configuration edge in Belmont — the land is the value, not the structure. The renovated interior removes deferred maintenance risk, and the FTTP connection adds a modern convenience layer. This property best suits a buyer seeking land-depth in an established school catchment, where the primary and secondary options are within 1.5 kilometres. The 28-metre ground elevation and 6-metre roof height suggest good natural light and passive solar potential, which supports long-term livability. The overlays are the specific risk. Bushfire and flood overlays may constrain future subdivision or extension, and the heritage overlay limits external alterations. These factors compress the buyer pool and may affect resale velocity. The opportunity is that the land size and low coverage create a repositioning play — a buyer who accepts the overlay restrictions can secure a large block in a sought-after corridor at a valuation discount relative to unencumbered sites. The property is not currently listed, which signals a patient negotiation window.